USDJPY Outlook

USD/JPY's fall from 114.73 extended to as low as 111.06 last week and recovered after forming a temporary low. Initial bias is neutral this week first. But deeper fall will be expected as long as 112....
GBPUSD Outlook

GBP/USD's rise from 1.3038 extended higher last week and breached 1.3337 resistance. Initial bias is now on the upside this week for 61.8% retracement of 1.3651 to 1.3026 at 1.3412. Sustained break th...
USDCHF Outlook

USD/CHF's decline from 1.0037 extended to as low as 0.9776 last week. The development argues that rebound from 0.9420 is completed at 1.0037 already. Initial bias remains on the downside this week for...
AUDUSD Outlook

AUD/USD edged lower to 0.7531 last week but formed short term bottom there and recovered. Initial bias remains neutral this week for more consolidation. After all, as long as 0.7729 resistance holds, ...
USDCAD Outlook

USDCAD stayed in the corrective pattern from 1.2916 last week and outlook is unchanged. Such correction is still in progress and deeper fall might be seen. But we'd expect downside to be contained by...
GBPJPY Outlook

No change in GBP/JPY after last week's choppy price actions. Price actions from 152.82 are developing to a corrective pattern. As long as 149.45 minor resistance holds, deeper fall is mildly in favor...
EURJPY Outlook

Near term outlook in EUR/JPY is a bit mixed. 134.20 fibonacci level is proven to be a strong resistance. But there was no follow through downside momentum confirm trend reversal Initial bias in EUR/JP...
EURGBP Outlook

EUR/GBP stayed in range of 0.8732/9032 last week and outlook is unchanged. Initial bias remains neutral this week first. With 0.9032 resistance intact, deeper decline is mildly in favor in the cross....
EURAUD Outlook

EUR/AUD's late rally and break of 1.5656 resistance indicates that medium term up trend is still in progress and has resumed. Initial bias in the upside this week. Current rise should target 61.8% pro...
EURCHF Outlook

EUR/CHF stayed in corrective trading below 1.1721 last week. As downside of retreat was contained well above 1.1541 near term support, outlook stays bullish. Decisive break of 1.1721 will resume the m...
GBPUSD Outlook

Focus in GBP/USD remains on 1.3337 resistance. Firm break there will argue that whole decline from 1.3651 is completed. And further rise should then be seen to 61.8% retracement of 1.3651 to 1.3026 at...
USDJPY Outlook

At this point, deeper decline is expected in USD/JPY with 112.71 resistance intact. Fall from 114.73 would target 61.8% retracement of 107.31 to 114.73 at 101.14. For the moment, we're still favoring ...
USDCHF Outlook

Intraday bias in USD/CHF stays on the downside for deeper decline. As noted before, the rebound from 0.9420 could have completed at 1.0037 already. Further fall would be seen to 61.8% retracement of ...
EURUSD Outlook

Break of 1.1860 resistance indicates that EUR/USD's rally from 1.1553 has completed. Intraday is back on the upside for retesting 1.2091 high. Decisive break there will resume medium term rally from 1...
GBPJPY Outlook

No change in GBP/JPY's outlook. Corrective pattern from 152.82 is still in progress and could extend through 146.92 support. But we'd expect strong support from 61.8% retracement of 139.29 to 152.82 a...
EURJPY Outlook

No change in EUR/JPY's outlook. Correction from 134.48 is in progress and deeper fall is mildly in favor. Break of 131.16 will target 38.2% retracement of 114.84 to 134.48 at 126.97, which is close t...
EURAUD Outlook

EUR/AUD is staying in consolidation from 1.5656 and intraday bias remains neutral. Downside of retreat should be contained by 4 hour 55 EMA (now at 1.5473) and bring rise resumption. Above 1.5656 wil...
EURGBP Outlook

Intraday bias in EUR/GBP remains neutral as the cross is staying in range of 0.8732/0.9032. With 0.9032 resistance intact, deeper decline is mildly in favor in the cross. Break of 0.8732 will resume t...
EURCHF Outlook

Intraday bias in EUR/CHF remains neutral as range trading continues. On the downside, considering bearish divergence condition in 4 hour MACD and daily MACD, decisive break of 1.1541 will confirm top...
AUDUSD Outlook

AUD/USD's recovery from 0.7531 is still in progress and further rise could be seen. But upside should be limited below 0.7729 resistance and bring fall resumption. Break of 0.7531 will resume the who...
USDCAD Outlook

USD/CAD is staying in the pull back from 1.2916 deeper fall could still be seen. But downside should be contained by 1.2598 resistance turned support and bring rebound. Above 1.2836 will target 1.291...